Idaho Solar Installation Agreement
Description
How to fill out Solar Installation Agreement?
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FAQ
Yes. The research indicates that solar panels add around 4.1% to a home's value which means you could make tens of thousands of pounds. That makes sense, too: who wouldn't want to buy a home with better energy efficiency than the average property, that can save you money on your energy bills every month?
Idaho does not have a statewide net-metering policy. However, each of the state's three investor-owned utilities -- Avista Utilities, Idaho Power and Rocky Mountain Power -- has developed a net-metering tariff that has been approved by the Idaho Public Utilities Commission (PUC).
However, Idaho gets more than 4 peak sunlight hours per day; the average in Idaho is closer to 5.5 peak hours per day. 5.5 is 28% more than 4 peak hours for the record, which makes solar power feasible in Idaho. That same 5-kilowatt system in Idaho will produce 25.6 kilowatts per day (under ideal conditions).
Solar Panels Won't Increase the Value of Your Boise Home, Yet.
Purchasing a PV system in Idaho in cash results in a payback period of 15 years on average, but after that you get a whole decade of free energy and a net economic benefit of around $15,000.
Leasing solar panels for your home is not a good idea from a financial perspective. We simply do not recommend it. In most cases, you'll save much more money in the long run by exploring other financing options like an FHA Title 1 loan or a traditional loan from your personal bank.
At least 17 states have authorized aggregated net metering, including Arkansas, California, Colorado, Connecticut, Delaware, Maine, Maryland, Minnesota, Nevada, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Utah, Washington and West Virginia.
Solar in Idaho can make sense for people who live off the power grid or use net metering (a system that credits solar power generated during the day with energy used at night). Solar in Idaho can also be more cost efficient than other alternative energies, depending on where you live.
